DeFi platform Hedgey Finance hit by $44 million exploit

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DeFi platform Hedgey Finance hit by $44 million exploit
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  • 📰 Cointelegraph
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Over $500 million worth of digital assets were lost to hacks and exploits in Q1 2024.

Hedgey Finance, a token infrastructure platform, has suffered two parallel exploits amounting to a total of $44.7 million worth of lost funds.

“We're investigating an attack on the Hedgey Token Claim Contract. If you have created active claims, please cancel them using the “End Token Claim" button…”

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